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Re: jsc52033 post# 226

Tuesday, 10/25/2022 11:20:45 AM

Tuesday, October 25, 2022 11:20:45 AM

Post# of 273
Fiat is losing and commodities are winning. Nothing for something is getting tougher by he day. Those with the commodities are going to be the winners. I am for deploying cash to obtain more assets whether that be retaining our produced Phizz or acquiring solid prospects. Our cash flow is excellent so hoarding cash has a cost and at current interest rates its losing buying power by the day. Inflation at ~10% isn't our friend. unless we are seeing the shiney going up at that rate too. As most know the price of AU/AG are managed down by western fiat based governments. I think that is getting tougher to maintain as something for nothing is IMO going to lose favor as those with the commodities are growing more wary of fiat asswipe which has no intrinsic value.

My point is gold and silver yes tons of fiat not so much. Why hoard depreciating currency instead of appreciating metal?

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